Hotels
RIL buys iconic UK property Stoke Park for $79 million
23 Apr 2021
The UK-based company, which owns a hotel and golf course, will add to RIL's consumer and hospitality assets, Reliance said in a regulatory filing
Man who sold Mindtree to L&T, VG Siddartha, goes missing
30 Jul 2019
The entrepreneur, who is credited with the creation of Cafe Coffee Day and Mindtree, is reported to have left a note saying that he could not take any more pressure from investors, before possibly jumping off the bridge across the river Nethravathi
Hotel aggregator RateGain launches frictionless distribution platform `Smart Distribution’
07 Jun 2019
Sebi bars Hotel Leelaventure from selling properties to Brookfield
24 Apr 2019
As per the deal, promoters and affiliates would also be entitled to a consideration of Rs300 crore from Brookfield on account of any intellectual property held by them and also for certain business expansion services that the promoters have agreed to provide the investor
Hotels threaten to stop bookings by online aggregators
06 Dec 2018
Hoteliers allege that OTAs are now trying to dictate prices and monopolise the market by usurping pricing power of hotels and assuming marketing rights
Gadkari launches 2 new floating restaurants in Mumbai
19 Nov 2018
Under the eastern water front development of Mumbai Port, the city will also be linked to Elephanta Caves by an 8-km ropeway that will ferry passengers in 16 minutes to and fro
Qatar set to buy Sahara's New York Plaza Hotel for $600 mn: report
04 Jul 2018
Qatar's state-owned Katara Holding is buying full ownership of the Plaza Hotel, including a 75-per cent stake from the troubled Sahara India Pariwar, reports Reuters citing a source familiar with the deal
Tata Group’s IHCL acquires The Connaught in NDMC auction
21 Jun 2018
The Indian Hotels Company Ltd has agreed to pay over Rs1,866 crore in annual licence fee for The Connaught, a premium hotel in Lutyen's Delhi, to acquire a 33 year lease right for the property
Orion’s hotel in orbit may become operational in 4 years
09 Apr 2018
Is earth getting too crowed for you? Well, Orion Space is already taking bookings for a stay in a luxury hotel in outer space – at a mere $4 million a pop
Russia plans to build a luxury hotel on the ISS
23 Dec 2017
The planned luxury hotel in space will offer private cabins having big windows, dedicated personal hygiene facilities, exercise equipment and also a WiFi connection
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
